Comparing Labor Supply Elasticities in Europe and the US: New Results - HAL Accéder directement au contenu
Pré-publication, Document de travail Année : 2012

Comparing Labor Supply Elasticities in Europe and the US: New Results

Résumé

We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status, with measurement differences netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage elasticities are relatively small and much more uniform across countries than previously considered. Nonetheless, such differences do exist, and are found not to arise from different tax-benefit systems, wage/hour level or demographic compositions across countries, suggesting genuine differences in work preferences across countries. Furthermore, three other important results for welfare analysis are consistent across countries: the extensive (participation) margin dominates the intensive (hours) margin; for singles, this leads to larger labor supply responses in low-income groups; and income elasticities are extremely small everywhere. Finally, the results for cross-wage elasticities in couples are opposed between regions, consistent with complementarity in spouses' leisure in the US versus substitution in their household production in Europe.
Fichier principal
Vignette du fichier
WP_2013_-_Nr_21.pdf ( 965.78 Ko ) Télécharger
Origine : Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

halshs-00805736, version 1 (28-03-2013)

Identifiants

  • HAL Id : halshs-00805736 , version 1

Citer

Olivier Bargain, Kristian Orsini, Andreas Peichl. Comparing Labor Supply Elasticities in Europe and the US: New Results. 2012. ⟨halshs-00805736⟩
460 Consultations
1410 Téléchargements
Dernière date de mise à jour le 28/04/2024
comment ces indicateurs sont-ils produits

Partager

Gmail Facebook Twitter LinkedIn Plus